Full-Time

Billing Manager

Confirmed live in the last 24 hours

Billtrust

Billtrust

501-1,000 employees

Accounts receivable automation and payment solutions

Compensation Overview

$110k - $125k/yr

+ Equity + Commissions + Performance-related bonuses

Senior

Remote in USA

Remote position specifically for candidates based in the United States.

Category
Financial Accounting
Financial Analysis
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • CPA preferred
  • Bachelor’s Degree in Accounting or higher, with knowledge of US GAAP
  • 5+ years experience within tech companies
  • Experience with subscription base billing, usage-based pricing models, and ERP systems (e.g., Sage Intacct, BillingPlatform)
  • Strong organizational skills for managing multiple tasks and priorities in a fast-paced environment
  • Technical thought leader
  • Intermediate to advanced excel skills and proven success working in other financial software
  • Well-honed attention to detail to ensure completion and accuracy on all tasks and projects
  • An ability to resolve issues as they arise and utilize forward-thinking to generate process improvements, as needed
Responsibilities
  • Ensure financial goals and objectives are met and communicated and drive any necessary ongoing financial process improvements
  • Prepare reports in support of the monthly, quarterly and annual financial statements
  • Prepare and review reconciliations in support of financial statements
  • Work closely with Accounting and Finance teams in analysis and reconciliation of accounts and in development and implementation of accounting policies, procedures and controls
  • Manage the monthly financial close process, including Billing, ensuring all costs incurred are properly recorded, reviewing journal entries, account balance reconciliations and report preparation
  • Document month-end closing processes and checklists
  • Participate in the ongoing development of accounting policies and procedures and operational strategies including the review and implementation of process and system changes
  • Continued focus on improving system efficiencies and business practices
  • Participate in strategic financial projects including software upgrades
  • Ensure compliance with internal control policies
  • Collaborate with external auditors to ensure successful audit results and compliance
  • Interacts at all levels with other stakeholders to produce timely, efficient and accurate month-end close and all internal management and financial reporting through annual report
  • Responsible for hierarchy and scalability in chart of accounts and accuracy in the general ledger and financial statements and has ultimate authority over classification and booking of all transactions
  • Analyze the effect of statutory accounting practices and studies regulations and guidance to ensure correct application of Generally Accepted Accounting Principles
  • Make recommendations for changes as needed and ensure that company policies and procedures are followed and establishes the proper techniques to discover and prevent fraud
  • Prepare and or prepare detailed journal entries and account analyses
  • Prepare summary feedback of financial statements variances to budget
Desired Qualifications
  • CPA preferred

Billtrust specializes in automating accounts receivable (AR) processes for businesses. Its cloud-based software solutions help companies manage billing, invoicing, and payment processes more efficiently. The software includes features like configurable web stores for eCommerce, secure payment processing, and automated cash application systems. Billtrust stands out from competitors by focusing on the B2B market and offering a subscription-based model that includes transaction fees and additional services. The main goal of Billtrust is to improve cash flow for businesses, lower operational costs, and enhance customer satisfaction through effective AR management.

Company Size

501-1,000

Company Stage

IPO

Headquarters

Lawrence Township, New Jersey

Founded

2001

Simplify Jobs

Simplify's Take

What believers are saying

  • Acquisition of Order2Cash expands Billtrust's presence in the European market.
  • Upgraded machine learning capabilities enhance efficiency in B2B cash applications.
  • Digital transformation in B2B payments aligns with Billtrust's cloud-based solutions.

What critics are saying

  • Increased competition from European B2B software providers post-Order2Cash acquisition.
  • Potential regulatory hurdles from EQT acquisition could impact operational strategies.
  • Rapid evolution in machine learning requires continuous investment to maintain competitiveness.

What makes Billtrust unique

  • Billtrust automates the invoice-to-cash process, reducing manual and paper-based tasks.
  • The company integrates with ERP systems and AP software for seamless AR management.
  • Billtrust offers configurable eCommerce web stores and secure payment processing for B2B clients.

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Benefits

Remote Work Options

Flexible Work Hours

Unlimited Paid Time Off

Sabbatical Leave

Paid Parental Leave

401(k) Company Match

401(k) Retirement Plan

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
TechCrunch
Sep 28th, 2022
Eqt Acquires Billtrust, A Company Automating The Invoice-To-Cash Process, For $1.7B

Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT, the Sweden-based private equity firm, for $1.7 billion in an all-cash deal. Approved by Billtrust’s board of directors, the transaction is expected to close in Q1 2023 subject to the green light from Billtrust’s shareholders and regulators. Shareholders will receive $9.50 per share in cash upon Billtrust’s transition to a private company, a 64% premium above the September 27 closing price of $5.77. The company’s stock has remained relatively steady in recent years, hitting a high of around $19 a share in February 2021 before bottoming out at $4.51 in June

Business Wire
Feb 15th, 2022
Billtrust Acquires Order2Cash, A European B2B Financial Software Provider

LAWRENCEVILLE, N.J. & AMSTERDAM--(BUSINESS WIRE)--Billtrust (NASDAQ: BTRS) has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider, broadening its global presence.

Business Wire
Feb 15th, 2022
Billtrust Acquires Order2Cash, a European B2B Financial Software Provider 

Billtrust (NASDAQ: BTRS) has acquired Netherlands-based Order2Cash, a leading B2B order-to-cash platform provider, broadening its global presence.

Enterprise Times
Dec 7th, 2020
News from week beginning 30th November

Salesforce held a virtual Dreamforce with an array of announcements, overshadowed by the massive acquisition of Slack. It also issued strong results and unveiled Einstein Automate and Hyperforce and provided even more news included below. Acquisitions continued with The Access Group picking up Abintegro. It was also a week when Sage announced two partnerships, Satago and GCPay (See below). Infor also issued a flurry of announcements including the launch of Infor Hospitality in China on AWS.

Enterprise Times
Nov 30th, 2020
News from week beginning 23rd November

Thanksgiving lessened the news output from vendors and the holiday season is likely to put a further dampener on the news. However, there was still a flurry of interesting announcement and acquisition new. The biggest rumour of all being that Salesforce may acquire Slack.